By InvestAdvocate Lagos (INVESTADVOCATE)-South African telecoms firm, MTN Group has offered $1.5 billion to settle a $3.9 billion fine slammed on it by the Nigerian Communications Commission (NCC) for not complying with the deadline to disconnect unregistered SIM card users, according to a Reuters reporting quoting a document sighted. MTN […]
Tag: fine
NCC Says Yet to Receive MTN Payment
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Communications Commission (NCC) on Thursday said it’s yet to receive any payment from MTN Group following the fine slammed on the company, a Reuters report, quoted Tony Ojobo, spokesman for the Commission. This is coming on the heels of reports quoting MTN that […]
MTN hires former U.S. attorney general to help on Nigeria fine: FT
Wed Feb 3, 2016/Reuters MTN Group has hired a former top U.S. law enforcement official to help challenge a $3.9 billion fine imposed by Nigeria for failing to disconnect unregistered users, the Financial Times reported on Wednesday. Citing people familiar with the situation, the newspaper said former U.S. Attorney General […]
